Sensex closes over 12,000 mark

Heavy purchases by foreign as well as domestic funds propel the benchmark index to 12,009.59 at close on Friday.

The Bombay Stock Exchange benchmark, Sensex, spurted to close over 12,000 level on Friday after a gap of four months on heavy purchases by foreign as well as domestic funds.

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The Sensex settled higher by 36.57 points at 12,009.59, a closing level last seen on May 17. Though, it had touched the psychologically high level of 12K during intraday trade on Thursday as well.

Similarly, the National Stock Exchange index Nifty rose by seven points higher at 3,478.60 points, as heavy weight stocks continued to rise on funds buying.